Autoliv Inc (NYSE:ALV) shares, rose in value on Friday, May 30, with the stock price down by -1.75% to the previous day’s close as strong demand from buyers drove the stock to $102.82.
Actively observing the price movement in the last trading, the stock closed the session at $104.65. The PE ratio was 11.84 over 12-month period. Referring to stock’s 52-week performance, its high was $128.66, and the low was $75.49. On the whole, ALV has fluctuated by 10.29% over the past month.
With the market capitalization of Autoliv Inc currently standing at about $7.95 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.78, with its dividend yield at 2.70%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALV’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.84, with the price of ALV currently trading nearly 2.89% and 11.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.52, while the 7-day volatility ratio is showing 2.04% which for the 30-day chart, stands at 1.39%. Furthermore, Autoliv Inc (ALV)’s beta value is 1.38, and its average true range (ATR) is 2.31.
A comparison of Autoliv Inc (ALV) with its peers suggests the former has fared considerably weaker in the market. ALV showed an intraday change of -1.75% in last session, and over the past year, it shrunk by -20.36%%.
Data on historical trading for Autoliv Inc (NYSE:ALV) indicates that the trading volumes over the past 3 months, they’ve averaged 883.06K. According to company’s latest data on outstanding shares, there are 77.31 million shares outstanding.
Nearly 6.38% of Autoliv Inc’s shares belong to company insiders and institutional investors own 65.16% of the company’s shares. The stock has risen by 9.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALV stock heading into the next quarter.
